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Monday, November 3, 2008

Impeva Labs Finds $10M

Mountain View-based Impeva Labs is reporting this morning that the firm has raised $10M in a Series B funding round. The firm said the round included funding from NTT Leasing, which was a Series A investor in the firm. Impeva Labs develops asset tracking services, including tracing, tracking, monitoring, and other services for the global logistics market. According to the firm, it serves both the commercial and military market. According to the firm, the new funding will go towards ramping up volume production and support full-scale deployment of its services. Impeva develops a network of sensors, using via satellite, cell phone, GPS, WiFI, and other interfaces, to track dry containers, air cargo, trucks, trains, and other equipment.
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